Social Investment Scotland - Growth Guarantee Scheme
Details
The Growth Guarantee Scheme (GGS) is designed to support access to finance for UK small businesses (third-sector) as they look to invest and grow. The Scheme provides a 70% government backed guarantee on loans, and aims to improve access to finance to boost overall investment and economic growth.
The Scheme supports term loans, overdrafts, asset based lending and invoice finance facilities. Term loans and asset finance facilities are available from three months up to six years, with overdrafts and invoice finance available from three months up to three years.
To find out more, visit the SIS website or contact them to speak with a member of the team.
Premium information is available exclusively to SCVO members and supporters
Geographical areas funded: Scotland
Fund type
- Type of funding:
- Loan
- Type of cost:
- Revenue
Fund award sizes
- Minimum:
- Premium information
- Maximum:
- Premium information
Who can apply
The scheme is open to smaller businesses (third-sector) with a turnover of up to £45m (on a group basis, where part of a group).
The borrower must be carrying out trading activity in the UK and, for most businesses, generating more than 50% of its income from trading activity.
- Maximum annual income:
- £45,000,000
Exclusions
Activites funded: Organisational development and capacity building
Beneficiaries funded: Voluntary sector organisations
Last reviewed 10 days ago
Social Investment Scotland
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Charity registered in Scotland SC036875
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3rd Floor 27 George Street, Edinburgh, EH2 2PA
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